CDB Aviation lands first unsecured syndicated loan

china air px230
By Mike Turner
24 Apr 2019

Ireland’s CDB Aviation has signed its first unsecured syndicated loan, as the aircraft leasing company continues its drive to diversify its funding sources.

CDB Aviation, a 100% subsidiary of China Development Bank Financial Leasing Co, has signed a $525m five year facility. 

This is CDB Aviation’s first unsecured syndicated loan, though it signed a $700m syndicated deal in October that was secured on 10 Airbus and Boeing aircraft.

The latest deal “is an ...

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